| TNA latest price $69.1700 (7.99%) ($65.6200 - $69.6900) on Tue. Mar. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 65 |
Latest Price | $69.1700(7.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 1.3% a day on average for past five trading days. |
Weekly Trend | TNA advances 6.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(91%) XLI(88%) VYM(87%) XRT(86%) XAR(85%) |
Factors Impacting TNA price | TNA will decline at least -2.51% in a week (0% probabilities). VIXM(-64%) UUP(-40%) VXX(-17%) TBT(-14%) EDOC(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.51% (StdDev 5.02%) |
Hourly BBV | 1.8 () |
Intraday Trend | 5.3% |
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